The Ultimate Guide To Residual Income In Malta - Passive Residual Income

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The Ultimate Guide To Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of those 4,000 retailers using a cash back program.

These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the retailers website so you receive the rest of the discounts and deals they provide, you just get an extra bonus for going through the TopCashBack web site . .

TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you need to buy things to get the money back but its free money on the things you were going to buy anyway. .

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Our next passive income idea is blogging. Im not a huge fan of the term blogger as it sounds just like youre just writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.

I began my own websites in December 2014 and broke $5,000 per month just a couple of years later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

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Blogging is still going to require work starting out. That route to $5,000 per month didnt happen overnight but only like real estate development, it build up an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even if I take a little time off. .

Now Im working on a movie to share five secrets to starting a blog that Ive learned within the last four years out of how to boost visitors to the easiest ways to make money so be sure to subscribe to the channel so you dont miss it when it comes outthere. .

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The biggest secret to success in this passive income source however, is to simply begin. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.

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You can begin your important source website for less than $5 per month using Blue Host and spend just a couple of hours every week to assemble it while you wait for it to begin producing that income you can count on.

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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the excess cash to begin your blog. I was making a grand a month away from my websites within a year of launching even though your blog isnt big enough to replace your job, a grand per month remains pretty nice to get a mostly passive income source. .

I talked about this next passive income notion in a recent video on the five investments that helped me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to get started in property investing Check out this video where I show the four keys I learned over 20 years as a property investor. Four steps to take that can guarantee your success! Watch the movie below on YouTube.

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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so property has always had a special spot in my portfolio. No other advantage has generated as much long-term prosperity as land.

There are a couple problems check this with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to protect from those risks when you have all your money in only one or two investments. .

StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it retains a collection of possessions but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your property exposure. .

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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in land and across all real estate types.